Yes, it’s tracking for a three day around 110 million, which will likely put it around Jungle Book, which is very good, but not Nearly B&tB or Lion King good.
But come on, even putting aside the hateful culture war garbage, the negativity around Mermaid has been at least as intense as Aladdin - the response to the character design and the “animation” in clips has been particularly downbeat. The reaction to Bailey is great, but she’s an unknown and even with good personal buzz you can’t put too much on her shoulders.