Box Office: "Transformers 3" Trounces the Competition

After racing out to a powerful lead upon opening with over $37 million on Wednesday (June 29), "Transformers: Dark of the Moon" is the clear victor of the box office over the Fourth of July holiday weekend.

The Shia LaBeouf/Rosie Huntington Whiteley led action film quadrupled the next closest contender while trending towards an estimated $116.4 million four-day weekend take.

Situated in the runner-up position is the Disney/Pixar family film "Cars 2," which is on pace to garner a solid $32 million four-day weekend pull in its second week of release.

With the Cameron Diaz/Justin Timberlake comedy "Bad Teacher" sitting in third with $17.6 million, a disappointing opening for Julia Roberts and Tom Hanks' "Larry Crowne" placed the film in fourth at an approximate opening debut of $15.7 million over the Fourth of July weekend.

Rounding out the top five was the Elle Fanning starring film "Super 8" - with the Steven Spielberg picture earning $9.5 million over the four day weekend.