BUZZ-Nemetschek seen up on positive read-across from Autodesk's <a href="https://laohu8.com/S/QTWO">Q2</a> beat** Shares in German software developer Nemetschek NEKG.DE rise 2.1% in pre-market indications after U.S. peer Autodesk ADSK.O delivered its Q2 results and Q3 forecast above market expectations
** Software firm Autodesk posted its Q2 revenue at $1.76 billion, compared to analysts' average estimates of $1.73 billion, according to LSEG data
** Autodesk also expects Q3 revenue of $1.80 billion to $1.81 billion, exceeding analysts' estimate of $1.77 billion
** "Nemetschek shares should profit from strong outlook of peer," a local trader says
** The stock, which has lost 2.4% YTD, is seen at the top of Germany's mid-cap index .GDAXI
(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))
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