Michelle Williams as Glinda with adoring munchkins in “Oz the Great and Powerful” (©Walt Disney Co./courtesy Everet)

Not even the great and powerful Oz can rescue the box office this quarter.

Disney’s “Oz the Great and Powerful,” a prequel to the 1939 classic “The Wizard of Oz,” is estimated to bring in $65 million this weekend after opening in theaters on Friday — but that’s no match for last year’s huge hit “The Hunger Games.”

That movie, starring Oscar winner Jennifer Lawrence, took in $152.5 million in its debut, making for tough comparisons.

Even with “Oz,” Lazard Capital analyst Barton Crockett expects the box office for the first three months of the year to total $2.3 billion, down 11 percent, from last year’s $2.6 billion.

Last weekend’s box office for the top 12 movies fell 38.1 percent from the same weekend a year ago with Warner Bros.’ “Jack the Giant Slayer,” Relativity’s “21 and Over” and CBS Films’ “The Last Exorcism Part II” all performing below expectations.

February movies took just $617 million, the lowest month on record since 2002, according to BoxOfficeMojo.

Assuming “Oz” hangs around in theaters for two months, raking in around $200 million as expected, it is still unlikely to catch up to “The Hunger Games.”

“‘The Hunger Games’ isn’t a yearly occurrence,” said Phil Contrino, vice president and chief box office analyst with Boxoffice.com. “We’re coming off a record- breaking year . . . and the only way 2013 isn’t a disappointment is if it sets a new record.”

Contrino noted that DreamWorks Animation’s “The Croods,” due out March 22, and Paramount’s “GI Joe: Retaliation,” on March 29, could pick up some of the slack.