Blumhouse has rarely, if ever had a movie lose money. I think both will do ok. Exorcist could be rocky, but even the Blumhouse Halloween movies did well and they were not really great even for an overplayed slasher. Again, budget and investment. Five Nights at Freddy's is still expected to do incredibly well in its theatrical side of things.Guardians 3 made about the same as 2, which was released in the huge build up to Infinity War. It absolutely hit expectations.
You keep ignoring WHY I remove Mario from the equation. It is a big hit. But it is not typical of the box office for 2023 - it distorts the picture.
Exorcist is having miserable test screenings and the trailer is awful. Five Nights at Freddy's is being dumped on Peacock day-and-date, a sure sign of a stinker (it will likely make money, though). The first Trolls made less globally then Elemental (the second one came out during the pandemic so its not fair to judge). Migration lacks a major hook - its a wild card, but I have no idea why you'd take it over Wish.
Illumination has yet to bomb, Disney animation has. Illumination is a brand, subjectivity aside that has increased. Disney has had diminished. Investors would say taking on Wish is a risk after other DIsney animated originals of recent underperformed theatrically. (remember Encanto losing to Sing 2?) We are not talking about subjectivity. But business likelyhood.
The first Trolls movie was not in Universal's hands.