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Cramer: Here's why it's a remarkable quarter for Procter & Gamble and DuPont

It's a rather remarkable morning for Procter & Gamble and DuPont, according to CNBC's Jim Cramer. Both companies posted better-than-expected earnings and revenue for the quarter.

"You see ... Procter & Gamble and DuPont putting up 3 percent organic growth in this environment, which is rather extraordinary," Cramer said on CNBC's "Squawk on the Street" Tuesday. "Particularly when you look at Kimberly-Clark yesterday—predicted no growth."

The chemical maker DuPont reported a profit of 34 cents a share, topping estimates of 21 cents a share. It also reported revenue of $4.91 billion, versus the $4.87 billion in revenue expected, according to a consensus estimate from Thomson Reuters.

The consumer products giant earned $1.03 per share and revenue of $16.51 billion, exceeding expectations for 98 cents a share on sales of $16.51 billion. P&G CFO Jon Moeller, told CNBC the company's earnings report held up despite the company facing headwinds such as slowing market growth.

Shares of Procter & Gamble were trading 4 percent higher Tuesday. U.S.-listed shares of DuPont were trading slightly lower Tuesday morning.