Analysts Expect Solo: A Star Wars Story To Lose More Than $50 Million

The odds aren't looking too good for Solo: A Star Wars Story. After stumbling at the box office during its opening weekend, Lucasfilm's newest Star Wars spinoff took a nosedive and plummeted by sixty-six percent during its second week in cinemas.

Now, according to The Hollywood Reporter, Solo has been declared as a box office failure and analysts have begun estimating the amount that Disney and Lucasfilm might lose.

Barton Crockett, an analyst from Wall Street, says that Lucasfilm's latest Star Wars installment is going to cost them more than $50 million in losses. However, industry financing sources who've assessed the damage say that Disney could lose more than $80 million or higher despite the uncertainty surrounding the terms the Mickey Mouse has for its home entertainment and television deals.

Underperforming at the box office, analysts expect the film to rake around $400 million worldwide – a number not quite enough to meet the cost of producing the film.

Though Disney hasn't released the exact budget it allocated for Solo after Lucasfilm replaced original directors Phil Lord and Chris Miller with Ron Howard, earlier reports suggest that the studio spent an upwards of $250 million in producing the film. That doesn't even include the film's cost for marketing.

Now, with Solo bringing in losses, fans have started wondering what might happen to the Star Wars franchise and what changes it might bring to Lucasfilm's galaxy far, far away.

Solo: A Star Wars Story is currently screening in cinemas.

Read: Solo: A Star Wars Story Is Doing Even Worse At The Box Office