Dissecting GM's Q1 tally

|By:, SA News Editor

General Motors (GM +0.9%) could show a slight loss in Q1 as it takes on a massive hit from costs tied to the ignition switch recall.

The consensus estimate of analysts is for adjusted EPS of $0.06 vs. $0.54 pre-recall and $0.67 a year ago, but a few firms such as Barclays have GM in the red for the period.

The automaker's Q1 EPS could also feel a drag from foreign currencies and extra costs from a broad roll-out of new trucks, while solid pricing trends in North America are working in its favor.