Time Warner Inc TWX 2.43% shareholders can breathe a sigh of relief this week after Warner Bros’ “The Legend of Tarzan” beat analyst expectations and delivered a solid opening weekend at the box office.

“Tarzan” brought in an estimated $38.1 million this weekend, well ahead of analyst expectations that it would be a $20–25 million flop.

Despite poor critical reviews and a leading actor (Alexander Skarsgard) without a track record of box office draws, “Tarzan” came in a solid second place over the weekend behind Walt Disney Co DIS 1.23%‘s hit “Finding Dory” and ahead of Comcast CorporationNASDAQCMCA’s “The Purge: Election Year.”

Despite the relatively strong performance during opening weekend, “Tarzan” still has a long way to go to break even on its reported $180 million budget.

Data from TickerTags prior to the release of “Tarzan” indicated that the movie would have an uphill battle at the box office.

TickerTags monitors…

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