Apparently this has only made $6 million on opening day
https://twitter.com/HollywoodHandle/status/1758159612224889090
Their budget was 80 million. So they might even break even when things settle down
Which actually might be something that Sony stumbled upon that's letting things be not-as-bad for them with other studios: relatively low budgets. That even when the movie isn't that successful, it's not that big of a hit to the finances for them.
Morbius actually had a similar budget to Madame Web. And while yes, it underperformed, it only lost about $20-$40 million...which in the realm of blockbuster movies, isn't that big of a loss. If anything, Black Adam that year was the bigger loser then Morbius, losing way more money (in the hundreds of millions)
It's tracking to make around 25m over it's entire (six day!) opening weekend.
It's true that Sony's low budgets make these movies lower risk, but this movie isn't getting anywhere near 100m after this start and the actual break-even point for a movie with an 80m budget is not 80m, it's at least twice that, because the studio is splitting all that money with the distributors and cinemas, plus they also shelled out more money for advertising.