McDonald's (MCD) reported Q1 adjusted earnings Thursday of $2.83 per diluted share, up from $2.67 a year earlier.

Analysts polled by FactSet expected $2.74.

Revenue for the three months ended March 31 was $6.52 billion, up from $5.96 billion a year earlier.

Analysts surveyed by FactSet expected $6.47 billion.

Shares of the company were up 4% in Thursday's premarket activity.