SAO PAULO, Feb 21 (Reuters) - Brazilian motor maker WEG on Wednesday reported net income for the fourth quarter of 1.74 billion reais ($353.1 million), up 46.2% from a year earlier and above the 1.34 billion real profit expected by analysts polled by LSEG.

($1 = 4.9275 reais) (Reporting by Gabriel Araujo; Editing by Jan Harvey)