September signifies the end of the summer movie season, which typically brings an end to huge box office grosses. Sony's western remake The Magnificent Seven won easily last weekend, but it couldn't repeat for a second weekend in a row, thanks to 20th Century Fox's Miss Peregrine's Home for Peculiar Children. The fantasy adaptation earned a respectable $28.5 million in its opening weekend.

Box Office Mojo reports that Miss Peregrine earned a solid $8,092 per-screen average from 3,522 theaters. The film, based on Ransom Riggs' novel, was produced with a $110 million budget, so it still has some work to do in order to earn a profit. Debuting in second place is Deepwater Horizon, which earned $20.6 million from 3,259 theaters for a decent $6,321 per-screen average. Last weekend's winner, The Magnificent Seven, the Western remake starring Denzel Washington and Chris Pratt, dropped to third place this weekend with $15.7 million, with the top 5 rounded out by Storks with $13.8 million and Sully with $8.4 million.

RELATED: Can Miss Peregrine Beat Magnificent Seven at the Box Office?

From director Tim Burton and based upon the best-selling novel, comes an unforgettable, thrilling and haunting tale. Sixteen-year-old Jacob follows clues that take him to a mysterious island where he discovers the crumbling ruins of Miss Peregrine's Home for Peculiar Children. As Jacob explores the abandoned bedrooms and hallways, he discovers that its former occupants were far more than peculiar; they possessed incredible powers. And they may still be alive. The ensemble cast for Miss Peregrine's Home for Peculiar Children includes Asa Butterfield, Eva Green, Samuel L. Jackson, Kim Dickens, Allison Janney and Ella Purnell.

On April 20th, 2010, one of the world's largest man-made disasters occurred on the Deepwater Horizon in the Gulf of Mexico. Directed by Peter Berg (Lone Survivor), this story honors the brave men and women whose heroism would save many on board, and change everyone's lives forever. The cast includes Mark Wahlberg, Dylan O'Brien, Kurt Russell, Kate Hudson, Gina Rodriguez, John Malkovich and Ilan Srulovicz.

In this action comedy inspired by true events, Masterminds, directed by Jared Hess (Napoleon Dynamite; Nacho Libre), David Ghantt (Zach Galifianakis) discovers the true meaning of adventure far beyond his wildest dreams. He is an uncomplicated man stuck in a monotonous life. Day in and day out he drives an armored vehicle, transporting millions of other people's money with no escape in sight. The only glimmer of excitement is his flirtatious work crush Kelly Campbell (Kristen Wiig) who soon lures him into the scheme of a lifetime.

Along with a group of half-brained criminals led by Steve Chambers (Owen Wilson) and an absurdly faulted heist plan, David manages the impossible and makes off with $17 million in cash...Only problem is he foolishly hands the money over to this wild group of double crossers and has been set up to take the fall. With the bandits blowing the millions on lavish and ridiculous luxuries, they leave behind a glaring trail of evidence. Now on the lam and in over his head, David must dodge the authorities, evade a hilarious hit man, Mike McKinney (Jason Sudeikis), and try to turn the tables on the ones he trusted most.

The top 10 is rounded out by Masterminds ($6.6 million), Queen of Katwe ($2.6 million), Don't Breathe ($2.37 million), Bridget Jones's Baby ($2.33 million) and Snowden $2 million. Also opening in limited release this weekend is A24's American Honey, which earned $75,370 from four theaters with an impressive $18,843 per-screen average. Bleecker Street's Denial earned $102,101 from five theaters for a $20,420 per-screen average. Music Box Films' A Man Called Ove earned $61,000 from nine theaters for a $6,778 per-screen average, while FilmRise's Harry & Snowman earned $55,000 from 18 theaters for a $3,056 per-screen average. No box office data was released for First Run's Among the Believers, Freestyle Releasing's Clinton Inc., Magnolia's Danny Says, Vanish Films' Do Not Resist, Starz Media's comedy Flock of Dudes, China Lion's I Belonged to You, FIP's M.S. Dhoni: The Untold Story and Well Go USA"s Operation MeKong. It isn't known if any of these films will expand in the weeks ahead.

Looking ahead to next weekend, three newcomers will open in wide release, Fox Searchlight's drama The Birth of a Nation, Universal's thriller The Girl On the Train and Lionsgate's comedy Middle School: The Worst Years of My Life. Also opening in limited release is Rialto's The Battle of Algiers, Strand's Being 17, Shout! Factory's Blinky Bill, The Orchard's Blue Jay, FilmRise's The Greasy Strangler, Cinestaan's Mirzya, Vertical Entertainment's Under the Shadow, Arc Entertainment's documentary Torchbearer, ArtAffects' Voiceless and IMAX's Voyage of Time: The IMAX Experience. Take a look at our projected top 10, and check back on Sunday for the box office estimates.