Procter & Gamble beat Wall Street's estimates for its quarterly earnings and revenue. The company's volume rose 1% in its fiscal second quarter as demand for household staples like toilet paper and cleaning products rose.

Procter & Gamble stock rose in premarket trading Tuesday after the consumer-staples company reported fiscal second-quarter sales and earnings that surpassed Wall Street expectations. Shares of Procter & Gamble were up 3% to $166.

The organic sales gain included a 3% increase for the Health Care segment. Oral Care organic sales increased low single digits, driven by product mix from premium innovation. Personal Health Care organic sales increased low single digits due to volume growth and pricing, partially offset by unfavorable product mix.