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WESTINGHOUSE ANTICIPATES WEAKER THAN EXPECTED THIRD QUARTER

 PITTSBURGH, Sept. 17 /PRNewswire/ -- Westinghouse Electric Corporation (NYSE: WX) today announced that its third quarter earnings are expected to be down substantially.
 "Earnings from continuing operations for the third quarter are likely to be down by approximately 50 percent from last year's third quarter of 22 cents per share," said Michael H. Jordan, chairman and chief executive officer. "We continue to expect a strong fourth quarter and second half results to out-perform the first half. However, operating results for the full year will be below expectations and down approximately 10 to 20 percent compared to 1992."
 The expected decline in third quarter earnings is due in part to the continued deterioration in the environmental market, with near-term improvement unlikely. Electronic systems, power systems and broadcasting are also anticipated to experience declines compared to the prior year's quarter.
 The fourth quarter will be the strongest quarter of the year and contribute significantly to year-end results. Fourth quarter shipments in power systems and electronic systems should lead the improvement.
 /delval/
 -0- 9/17/93
 /CONTACT: Jay McCaffrey of Westinghouse Electric, 412-642-3366/
 (WX)


CO: Westinghouse Electric Corporation ST: Pennsylvania IN: SU:

CD -- PG001 -- 2950 09/17/93 08:43 EDT
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Publication:PR Newswire
Date:Sep 17, 1993
Words:197
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