Early domestic box office projections haveSpider-Mannetting over $1 million for the movie’sopening weekend. Early reviews and word of mouth seem to be fueling these positive projections and it’s looking likeHomecomingwill eclipse theAmazing Spider-Manmovies that opened with $62 million and $91.6 million respectively. MCU’sGuardians of the Galaxy Vol. 2is still the top grossing movie of the summer, currently sitting at $383.4 million domestically and Sony and MCU are looking at another hit on their hands withSpider-Man: Homecoming.

Deadlinereports that Sony is estimatingSpider-Man: Homecoming, starringTom Holland, will gross around the $80 million mark, but other sources are estimating over $1 million domestically and possibly $190 - $210 million worldwide.Homecomingis already off to a $3.5 million start in South Korea, which is higher thanDoctor StrangeandGuardians of the Galaxy 2and may be an indicator that the movie may exceed Sony’s estimates. Though the estimates are good, they still don’t show the new movie beating out Sam Raimi’s third installment,Spider-Man 3, which took in $151 million on its opening weekend back in 2007.

The positive reviews keep coming from both fans and critics. Rotten Tomatoes currently has the movie at a 91% with over 100 reviews and an average score of 7.5/10. In addition to the great reviews and word of mouth,Homecomingis benefitting heavily from its involvement in the MCU. Tom Holland’s debut asSpider-Manpopped up inCaptain America: Civil Warand the first installment of the trilogy starsIron Manas a mentor to the youngSpider-Manwith more Marvel characters coming into the trilogy as it progresses. Plus, Holland will end up inAvengers: Infinity Waras well, setting up a new character stream within the MCU and Sony.

Thor: Ragnarokwas originally slated for a July release, but it was pushed back to November to giveSpider-Manhis own launch time. But that was before Sony and Marvel came to an agreement about lettingSpider-Manplay in both worlds, which is definitely not the case for the upcomingVenommovie starring Tom Hardy, which will not take place directly within the MCU.Thor: Ragnarokis scheduled to do some reshooting in Atlanta next week with a casting call looking for tall buff dudes to be extras in the movie, so it appears as if the movie adjusted its schedule after the Marvel/Sony deal was reached.

Spider-Man: Homecomingopens in 3,450 locations at 7pm tomorrow and then up to 4,341 theaters on Friday and can still run into some competition fromDespicable Me 3, which was released over the holiday weekend. We’ll have to wait until the weekend to get the official numbers, butHomecomingis well on its way to a number one weekend and probably an overall great turnout if the word of mouth continues to spread. Much of DCEU’sWonder Womanowes of its success to really strong word of mouth, making the movie into DCEU’s highest grossing movie to date.