Blue Beetle Box Office Bomb?

Blue Beetle projected to be a box office bomb, with a opening of $12-17 million. Blue Beetle is projected to gross $55 Million domestically.
That's horrible news, but kind of expected? I mean, ever since James Gunn's announcement of rebirthing DC, every project has failed. Black Adam was released right around Gunn's announcement and plummeted. Shazam, Flash never stood a chance. Aquaman could still earn some money, just for the love of Jason Momoa, but that goes so far.
https://www.cbr.com/blue-beetle-box-office-predictions/