Nevertheless, Morris spoke with Variety and claimed that the film will do better than break even theatrically. He said, “We have a lot of different revenue streams, but at the box office we’re looking at now, it should do better than break even theatrically.”
Not only did he claim it would make money at the box office, but he noted all the other revenue streams that The Walt Disney Company will deploy in order to make it even more profitable, “And then we have revenue from streaming, theme parks and consumer products. 
This will certainly be a profitable film for the Disney company.”
Interestingly, Morris also shared he hopes the film will get to the $460 million mark globally at the box office, “We’re hoping it’ll get to maybe $460 million. I always wish higher. I’d hate to disappoint myself, but I’d love to see it get to half a billion.”
Given he hopes the film will top out at $460 million and that it will be do better than break even theatrically, it’s quite possible the production budget on the film is actually lower than the estimated $200 million.