Palo Alto Networks (NYSE: PANW) shares are creeping back into positive territory ahead of its Q1 earnings report, which is slated for release after markets close.

The Street sees PANW posting Q3 EPS of $0.42 on revenue of $339.5 million, up 83 percent and 45 percent versus the same period last year, respectively.

The stock is up about 0.9 percent.