KB Home shares climbed Wednesday after earnings, but some "Fast Money" traders were not sold on the housing sector.
The home builder reported diluted earnings of 14 cents per share on $678.4 million in revenue for its fiscal 2016 first quarter. Sales climbed 17 percent from the previous year.
KB Home shares rose about 7 percent in after-hours trading to around $14 per share. Trader Tim Seymour said the business seems "back on track," adding the stock could top $15 per share.