– Shares of homebuilder KB Home slipped 4% after the company reported earnings that disappointed Wall Street's revenue expectations. The company reported earnings of $2.86 per share on $1.85 billion in revenue, where analysts surveyed by Refinitiv expected earnings of $2.67 per share and $1.87 billion in revenue.— Shares of Lennar rose 2.5% after the company reported mixed quarterly results on Wednesday. The home construction company reported earnings of $5.03 per share and $8.
93 in revenue, where analysts surveyed by Refinitiv expected $4.88 in earnings on $9 billion in revenue. KeyBanc said in a note to clients that Lennar "optimizes asset turns" better than competitors even as housing demand slows.— Shares of the financial data company slumped more than 6% after FactSet's fourth-quarter earnings came in short of expectations. The company reported $3.13 in adjusted earnings per share, below the $3.20 anticipated by analysts, according to Refinitiv.