Overall, Harsco consolidated revenue was up 7% versus Q3 of 2020 while adjusted EBITDA was up 22% on the same basis.
I joined Harsco because I thought the promise of the Company's ongoing transformation to a single investment thesis environmental solutions company, and the value creation opportunities.
Harsco consolidated revenues in the third quarter increased 7% compared with the prior year quarter to $544 million and adjusted EBITDA increased 22% to $72 million.
Harsco's adjusted EBITDA margin as a result reached 13.2% in the third quarter versus 11.6% in the comparable quarter of 2020.
Harsco's adjusted earnings per share from continuing operations for the third quarter was $0.20.
This figure compares favorably to adjusted earnings per share of $0.08 in the prior year quarter.
Revenues totaled $270 million and adjusted EBITDA was $56 million.
Revenues were 21% higher than the prior year quarter and EBITDA increased 40% year-on-year.
Liquid Steel Tonnage or LST increased roughly 20% versus the prior year.
Compared to the second quarter of 2020 revenues increased 3% to $200 million with hazardous materials business driving this growth.
Segment EBITDA increased to $21 million and Q3 of this year supported by higher hazardous material volumes and ESOL integration benefits.
Lastly on Clean Earth, I'd highlight that our year-to-date free cash flow now totals $39 million.
This total represents more than 70% of segment EBITDA.
Rail revenues totaled $74 million and its EBITDA totaled $3 million in the second quarter.
We incurred a negative LIFO adjustment in the quarter of approximately $2 million, which has not been anticipated.
Our adjusted EBITDA guidance is now $248 million to $256 million for the year while adjusted earnings per share is anticipated to be within a range of $0.51 to $0.54.
These figures consider $4 million of stranded corporate costs that were previously allocated to Rail.
This outlook also includes 100% of Harsco's interest costs and a pro forma estimated tax rate.
Meanwhile, our outlook for Clean Earth's adjusted EBITDA is lowered by $5 million at the midpoint.
These efforts are anticipated to provide annual run rate benefits of $10 to $15 million when fully realized in the second half of 2022.
Q4 adjusted EBITDA is expected to range from $55 million to $62 million.
We ended the quarter with a leverage ratio of 4.48 times.
Importantly, we are targeting a leverage ratio of approximately 3 times at the end of 2022.

Summary:
I joined Harsco because I thought the promise of the Company's ongoing transformation to a single investment thesis environmental solutions company, and the value creation opportunities.
Harsco consolidated revenues in the third quarter increased 7% compared with the prior year quarter to $544 million and adjusted EBITDA increased 22% to $72 million.
Harsco's adjusted earnings per share from continuing operations for the third quarter was $0.20.
Our adjusted EBITDA guidance is now $248 million to $256 million for the year while adjusted earnings per share is anticipated to be within a range of $0.51 to $0.54.