Scalper1 News
After being spurned by its second suitor in as many months,DreamWorks Animation (DWA) could really use a hit movie. But the initial outlook for its “Penguins of Madagascar” feature film is mixed, Janney Capital Markets said Wednesday. However, as fans of the four plucky Madagascar penguins will tell you, you can never count out Skipper, Kowalski, Rico and Private. DreamWorks (DWA) ‘ “Penguins of Madagascar” premieres in the U.S. on Nov. 26. Early reviews from adult critics are lukewarm, but it’s the opinion of kids and families that matter more for a movie like this. “The range of opening weekend forecasts from HSX and BoxOffice.com is relatively wide at $50 million vs. $37 million, as is the range for ultimates ($123 million vs. $139 million),” Janney analyst Tony Wible said in a note. He predicts “Penguins” will take in $55 million in its opening weekend and $200 overall domestically. Scalper1 News
Scalper1 News