It is. But I think there's little focus on Emma in this movie and people will only have some passing thoughts about HP if at all. It's all about deerskin pants and a giant ship and thunderstorms, oh my!
I'm sure the audience will be bombarded with too many half-baked ideas to wonder if Emma is still The Brightest Witch of Her Ageâ„¢. If the movie is cut in a way similar to the trailers it might give you convulsions.