Typically, beating earnings expectations might lead to a positive reaction in a company's stock price. However, in this case, despite Molson Coors Beverage exceeding Q1 earnings forecasts, the share price has declined. This could be due to a variety of factors not mentioned in the article, such as market conditions, investor expectations for even higher performance, or other external factors impacting the stock market. The direct mention of the company and its performance makes this news highly relevant and important for investors in TAP.