Following the report, McDonald's stock jumped to an all-time high, boosting the Dow by 47 points. (Click here to track the fast food chain's shares.)
It said earnings rose to $1.40 a share from $1.09 a year ago. Currency headwinds hit revenue, which fell 5 percent to $6.62 billion from $6.99 billion.
Wall Street expected McDonald's to deliver $1.27 in earnings per share on $6.41 billion in revenue, according to a consensus estimate from Thomson Reuters.
Read MoreMcDonald's tops new fast food list
"Third quarter marked an important step in the Company's global turnaround — the reorganization of our business from a geographically focused structure to business segments that combine markets with similar characteristics and opportunities for growth," CEO Steve Easterbrook said in a release.
Globally, sales at restaurants open at least 13 months jumped 4 percent while those in the U.S. rose 0.9 percent amid breakfast strength. Global sales at established restaurants were expected to rise 1.9 percent while those in the U.S. were forecast to drop 0.2 percent, according to a Consensus Metrix estimate.