That’s a 4.33x jump from TUE to WED assuming the $10M is pure WED
Encanto jumped 5.03x, so if it keeps that ratio with Encanto’s jumps for the full 5 days, we should be looking at a roughly 22.5-24x IM from TUE to the total 5-days minus EA. Which off $3M TUE, I think would take this a fair bit higher than your $50-55M projection. $3M TUE and a 22.5-24x IM should take this to around $67-72M over 5 days, and with the review embargo and EA boost baked in, I think this could get higher against that Elemental comp. Looking promising to me.
EDIT: forgot about discount TUE in regards to the Elemental comp. Maybe take all that math down to $2.2-2.5M TUE and a $50-60M 5-day