EARNINGS : Westinghouse Posts 5.2% Gain

Westinghouse Electric Corp. said today its fourth-quarter earnings rose 5.2% because of higher operating profit in its energy, industrial, electronics, broadcasting and commercial divisions.

But the company said it expects a moderate decline in earnings in 1991.

Westinghouse said net income in the fourth quarter was $284 million, or 97 cents a share, compared to net income of $270 million, or 92 cents a share, a year earlier.

Sales for the quarter edged up 1.4% to $3.7 billion from $3.65 billion in the same 1989 period.

In all of 1990, earnings rose 8.6% to $1 billion, or $3.41 a share, compared to $922 million, or $3.15 a share, a year earlier. Sales edged up 0.8% to $12.9 billion from $12.8 billion in 1989.

Of Westinghouse’s six divisions, only financial services posted lower operating profits in the fourth quarter or the year. Westinghouse cited lower results from its credit division.